Carlyle group's David Rubenstein looks to help investors that suffered losses.
U.S. consumer sentiment has slipped to its lowest level since 1992, according to a University of Michigan/Reuters survey.
"it looks to me, [recession is] what we're in right now, JPMorgan Chase chairman and CEO James Dimon said.
With gas prices soaring and the economy struggling, retail sales slid 0.6% in February.
The New York-based hedge fund manager’s new public entity will be called has $11.5 billion in assets under management.
The size of the exchange traded fund market shrunk by $12.9 billion in February, falling to $557 billion in assets.
The Greenwich Global Hedge Fund Index rebounded in February, jumping 2.21% after January’s drop of 2.79%.
CFIG, a privately held European insurer, was downgraded today to A+ from its former AAA rating by Standards and Poor's.
The Fed announced it would lend $200 billion of Treasury securities to bond dealers, causing a stock market spike.
The U.S. trade deficit inched up in January, according to the Department of Commerce.
